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Invierte en La Florida

Should the property be purchased in the name of a company or on a personal basis?

Your future taxes may be affected depending on whether you buy your new property with a company or you buy it as a personal property. A financial advisor or a lawyer can help you select the best option. This will depend on many factors such as the use you are going to give to the property. It is common to observe that the LLC (limited liability company) is the most used because: You avoid double...

Invierte en La Florida

What do you need to know about pre-construction property contracts?

There are some terms and conditions that you need to be aware of before buying a property off-plan or in pre-construction so that you do not get a bad deal. These are: Unilateral contract: the developer is the one who drafts the contract and establishes the conditions. The buyer has no right to make changes. Cancellation period: usually within 15 days of signing the contract, the buyer has the right...

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